As per the source saying at the www.propertykhazana.com Bangalore based major realty developer Mantri Realty Ltd has initiated 5 realty projects in Bangalore with the total pour of Rs. 550 crores. Sunil Mantri, Chairman of Mantri Realty said at the www.propertykhazana.com the proposed projects are developed on innovative ideas and will be the first of its kind in Bangalore realty segment. He also revealed that the company has obtained 500 acres land in Bangalore and the projects will be implemented by the end of financial year 2008.
Meantime, Company is planning for 5 integrated township projects aiming to serve the housing needs of up to 5000 units in each of the township and in addition the team Mantri is also into development of a residential project in Belgaum, for which the required land is obtained and the project cost is around Rs. 500 crore and the project is planned for 5000 residential housing units. In addition another 200 acres is acquired on the Belgaum city outskirts with total investment of Rs. 700 crores in Belgaum.
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